Search Results - "Kaspereit, Thomas"

Journal Article

The World Capital Markets' Perception of Sustainability and the Impact of the Financial Crisis

by Kerstin Lopatta Thomas Kaspereit Published in Journal of business ethics (01.07.2014)

“...Using a unique dataset provided by the international rating agency GES®, we investigate the effects of corporate sustainability and industry-related exposure...”

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Journal Article

The value relevance of SAM's corporate sustainability ranking and GRI sustainability reporting in the European stock markets

by Kaspereit, Thomas Lopatta, Kerstin Published in Business ethics (Oxford, England) (01.01.2016)

“...This paper investigates whether relative corporate sustainability as measured by the SAM sustainability ranking and sustainability reporting in terms of Global...”

Journal Article

The cross-section of returns, benchmark model parameters, and idiosyncratic volatility of nuclear energy firms after Fukushima Daiichi

by Lopatta, Kerstin Kaspereit, Thomas Published in Energy economics (01.01.2014)

“...This study analyzes how the stock market returns, the factor loadings from the Carhart (1997) 4-factor model, and the idiosyncratic volatility of shares in...”

Journal Article

Improving Predictions of Upward Cost Adjustment and Cost Asymmetry at the Firm-Year Level

by Kaspereit, Thomas Lopatta, Kerstin Published in Journal of management accounting research (01.09.2019)

“...ABSTRACT This study introduces a new method for predicting cost elasticity with respect to changes in sales that incorporates cost asymmetry at the firm-year...”

Journal Article

Asymmetric Information and Corporate Social Responsibility

by Lopatta, Kerstin Buchholz, Frerich Kaspereit, Thomas
edited by Orlitzky, Marc Busch, Timo Bauer, Rob
Published in Business & society (01.03.2016)

“...This article addresses the question whether companies benefit from their commitment to corporate social responsibility (CSR). The authors argue that firms...”

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Journal Article

Financial performance and safety in the aviation industry

by Fardnia, Pedram Kaspereit, Thomas Walker, Thomas Xu, Sizhe Published in International Journal of Managerial Finance (03.06.2020)

“...PurposeThis paper investigates whether financial factors, which are presumed to influence an airline's maintenance, purchasing, and training policies, are...”

Journal Article

Managerial style in cost asymmetry and shareholder value

by Lopatta, Kerstin Kaspereit, Thomas Gastone, Laura‐Maria Published in Managerial and decision economics (01.07.2020)

“...We show that CEOs' contribution to SG&A cost asymmetry is associated with lower shareholder value. CEO‐related excess SG&A cost stickiness of CEOs with...”

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Journal Article

Shareholder Value Implications of Compliance with the German Corporate Governance Code

by Kaspereit, Thomas Lopatta, Kerstin Onnen, Dennis Published in Managerial and decision economics (01.03.2017)

“...This study contributes to the ongoing discussion of the German Corporate Governance Code (GCGC) of the Regierungskommission Deutscher Corporate Governance...”

Journal Article

The information content of issuer rating changes: Evidence for the G7 stock markets

by Hu, Haoshen Kaspereit, Thomas Prokop, Jörg Published in International review of financial analysis (01.10.2016)

“...We study the firm-specific and intra-industry stock market effects of issuer credit rating changes and negative watch list placements for the G7 countries. We...”

Journal Article

Board members in squeeze-out transactions: an event study analysis

by Kaspereit, Thomas Lopatta, Kerstin Trenkle, Johann Published in International Journal of Economics and Accounting (20170000)

“...In this study, we investigate the role of board members in German squeeze-out transactions by applying the event study methodology. We find that a dismissal of...”

Journal Article

Systemic operational risk: Spillover effects of large operational losses in the European banking industry

by Kaspereit, Thomas Prokop, Jorg Pakhchanyan, Suren Lopatta, Kerstin Published in The journal of risk finance (22.06.2017)

“...Purpose The aim of this paper is to study the information content of operational loss events occurring at European financial institutions with respect to the...”

Journal Article

Corporate sustainability in asset pricing models and mutual funds performance measurement

by Walker, Thomas J Lopatta, Kerstin Kaspereit, Thomas Published in Financial markets and portfolio management (01.11.2014)

“...This study explores whether corporate sustainability is a relevant factor in multifactor asset pricing models. It contributes to the literature on asset...”

Journal Article

Does compliance with the German Corporate Governance Code pay off?: An investigation of the implied cost of capital

by Kaspereit, Thomas Lopatta, Kerstin Zimmermann, Jochen Published in The journal of risk finance (22.06.2015)

“...Purpose - This paper aims to empirically investigate the relationship between the level of compliance with the German Corporate Governance Code's (GCGC)...”

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Journal Article

International Evidence on the Relationship between Insider and Bank Ownership and CSR Performance

by Lopatta, Kerstin Jaeschke, Reemda Canitz, Felix Kaspereit, Thomas Published in Corporate governance : an international review (01.01.2017)

“...Manuscript Type Empirical Research Question/Issue This study examines the relationship between blockholder and bank ownership and a firm's corporate social...”

Journal Article

The Solar Shakeout – Capital Market Reactions to Bankruptcy Announcements in the German Solar Industry

by Kaspereit, Thomas Lopatta, Kerstin Published in Zeitschrift für Energiewirtschaft (01.09.2016)

“...This paper investigates how bankruptcy announcements in the German solar industry affect the stock market returns of announcing firms and their competitors. We...”

Journal Article

The effect of institutional dual holdings on CSR performance

by Lopatta, Kerstin Bassen, Alexander Kaspereit, Thomas Tideman, Sebastian A Buchholz, Daniel Published in Journal of sustainable finance & investment (//)

“...This study sheds light on agency conflicts between creditors and shareholders and their effect on a firm's corporate social responsibility (CSR) performance...”

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